DailyTech - ATI Shareholders Approve Acquisition by AMD

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IT ATI Shareholders Approve Acquisition by AMD
Marcus Yam (Blog) - October 13, 2006 4:40 PM

14 comment(s) - last by ThisSpaceForRe.. on Oct 14 at 6:46 PM

So it's more official than it was before

ATI Technologies Inc. shareholders voted overwhelmingly today to approve the proposed acquisition of all outstanding common shares of ATI by an indirect, wholly-owned subsidiary of Advanced Micro Devices, Inc. (AMD). More than 99 per cent of the votes cast by shareholders were in favor of the transaction. No ATI shareholders have exercised rights of dissent in connection with the proposed acquisition.

AMD and ATI announced plans to merge back in July, which was pending government and shareholder approval. The Canadian Goverment gave the merger a passing grade through its anti-trust laws and regulations early September.

ATI will seek final court approval for the arrangement at a hearing on October 17, 2006. The transaction is expected to be completed during the week of October 23, 2006.

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RE: ATI/AMD Prospectus

By sadffffff on 10/14/2006 2:35:51 AM , Rating: -1

they could pack embedded ram onto the die like the xbox 360 so it wouldnt need to use system memory very often, if at all depending on the ammount of e-dram. the 360 uses only 10mb. with that much the 360 is said to do 4x AA on a 1280x1024 image for "free". So pack on 100+ mb and the system memory thing shouldnt be too much of a problem

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